Sturm Ruger & Co. Earnings Preview: Can This Streak Continue?

Sturm Ruger & Co. (NYSE:RGR) will report earnings after markets close on Monday, April 29th. Sturm, Ruger & Company, Inc. designs, manufactures and sells firearms and precision metal investment castings. The company’s firearms products include rifles, shotguns, pistols, and revolvers. The Company’s titanium and ferrous investment castings are utilized in the production for a wide variety of markets including golf clubs and sporting goods, commercial, and military.

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.94 to a profit $0.97. For the current year, the average estimate is a profit of $3.7, which is better than the estimate ninety days ago.